Largest Bank in Brazil Moves to Invest in Bitcoin Mining
Key Takeaways: Itau Ventures invested up to $10M in Minter for mobile data centers that mine bitcoin. Brazil lost $1.2B to 20% energy curtailment in 2025, a market Minter targets. CEO Stefano Sergole plans to grow Minter to 500MW capacity by 2029 across Brazil and the U.S. Brazil’s Itau Invests In Bitcoin and Data Center
